PlainRent

Franklin County

FY 2026 HUD Fair Market Rents in Missouri. Population: 104,858.

Fair Market Rents (2026)

Studio
National avg: $893
$955/mo
↑ 0.4% YoY +7% vs US
1 Bedroom
National avg: $959
$995/mo
↑ 1.1% YoY +4% vs US
2 Bedroom
National avg: $1,175
$1,218/mo
↑ 0.2% YoY +4% vs US
3 Bedroom
National avg: $1,525
$1,568/mo
↓ 0.1% YoY +3% vs US
4 Bedroom
National avg: $1,756
$1,812/mo
↑ 0.3% YoY +3% vs US

Year-over-Year Comparison

Bedrooms FY 2025 FY 2026 Change
Studio $951 $955 +$4 (+0.4%)
1 Bedroom $984 $995 +$11 (+1.1%)
2 Bedroom $1,215 $1,218 +$3 (+0.2%)
3 Bedroom $1,570 $1,568 $-2 (-0.1%)
4 Bedroom $1,806 $1,812 +$6 (+0.3%)

Affordability Snapshot

Based on the standard that rent should not exceed 30% of gross income:

Required annual income for 1 BR
$39,800
$3,317/month gross
Required annual income for 2 BR
$48,720
$4,060/month gross

Other Counties in Missouri

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Data source: U.S. Department of Housing and Urban Development, FY 2026 Fair Market Rents. Fair Market Rents represent the 40th percentile of gross rents for standard quality units in each area.